Munich Reinsurance Co Stock Corp in Munich Sells 17,386 Shares of Caterpillar Inc. $CAT

Munich Reinsurance Co Stock Corp in Munich cut its holdings in Caterpillar Inc. (NYSE:CAT) by 97.1% during the first quarter, Holdings Channel.com reports. The firm owned 522 shares of the industrial products company’s stock after selling 17,386 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Caterpillar were worth $370,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CAT. Personal CFO Solutions LLC boosted its holdings in Caterpillar by 19.7% during the first quarter. Personal CFO Solutions LLC now owns 1,025 shares of the industrial products company’s stock worth $726,000 after purchasing an additional 169 shares during the last quarter. Austin Asset Management Co Inc bought a new stake in Caterpillar during the 1st quarter worth about $435,000. CFS Investment Advisory Services LLC boosted its stake in shares of Caterpillar by 0.7% during the 1st quarter. CFS Investment Advisory Services LLC now owns 2,720 shares of the industrial products company’s stock worth $1,927,000 after buying an additional 20 shares during the last quarter. Sageworth Trust Co grew its holdings in shares of Caterpillar by 21.7% in the 1st quarter. Sageworth Trust Co now owns 1,133 shares of the industrial products company’s stock valued at $803,000 after acquiring an additional 202 shares in the last quarter. Finally, Frank Rimerman Advisors LLC increased its position in shares of Caterpillar by 10.6% in the first quarter. Frank Rimerman Advisors LLC now owns 5,961 shares of the industrial products company’s stock valued at $4,223,000 after acquiring an additional 570 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

CAT has been the topic of several analyst reports. Rothschild & Co Redburn upped their target price on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research report on Friday, May 8th. Wolfe Research upped their price objective on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. UBS Group reissued a “neutral” rating and issued a $900.00 price objective on shares of Caterpillar in a report on Tuesday, June 2nd. Finally, Oppenheimer set a $980.00 target price on shares of Caterpillar and gave the company an “outperform” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $970.81.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being viewed as a beneficiary of AI infrastructure spending, with analysts and commentators highlighting strong demand tied to data center construction and broader AI buildout. CAT Outperforms NVDA & Tech Sector, AI Data Center Demand Powers Growth
• Positive Sentiment: The company continues to expand its mining technology capabilities after acquiring Skycatch, a move aimed at improving mine safety, productivity, and planning with AI and near-real-time spatial data. Caterpillar acquires Skycatch to expand mining technology portfolio
• Positive Sentiment: Caterpillar’s planned headquarters expansion in Las Colinas signals ongoing investment and confidence in long-term business growth. Caterpillar digs into new $34M HQ expansion in Las Colinas
• Positive Sentiment: Investor-friendly capital returns remain a support factor, with attention on Caterpillar’s dividend hike and buybacks as part of its cash-return profile. Why Caterpillar’s Dividend Hike and Buybacks Make Capital-Return Mix Central to Its Tax Profile
• Neutral Sentiment: Market roundups continue to list Caterpillar among industrial and mining names to watch, but these pieces do not add a major new catalyst. Industrial Stocks To Watch Today – July 8th
• Negative Sentiment: Recent coverage says Caterpillar is losing momentum as investors question whether the AI rally has gone too far, with valuation, tariffs, and execution risks weighing on sentiment. CAT Stock Heads For Second Weekly Loss: Is Caterpillar’s AI Rally Fading?
• Negative Sentiment: Valuation-focused commentary suggests Caterpillar may already be priced for a lot of future growth, which can limit upside near term. Is Caterpillar (CAT) Still A Bargain Or Already Fully Priced?
• Negative Sentiment: Another headline noted Caterpillar stock dipping in the latest session, reinforcing near-term weakness in trading sentiment. Caterpillar (CAT) Stock Dips While Market Gains: Key Facts

Caterpillar Stock Performance

Shares of NYSE CAT opened at $938.29 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 12 month low of $401.70 and a 12 month high of $1,073.46. The stock has a 50 day moving average of $927.99 and a 200-day moving average of $780.89. The company has a market capitalization of $432.17 billion, a P/E ratio of 46.70, a P/E/G ratio of 1.87 and a beta of 1.57.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter in the prior year, the business earned $4.25 EPS. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. As a group, equities research analysts predict that Caterpillar Inc. will post 24.71 EPS for the current year.

Caterpillar Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a $1.63 dividend. The ex-dividend date of this dividend is Monday, July 20th. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a dividend yield of 0.7%. Caterpillar’s payout ratio is currently 30.06%.

Insider Activity at Caterpillar

In other news, insider Anthony D. Fassino sold 16,283 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the completion of the sale, the insider owned 46,041 shares in the company, valued at approximately $42,210,388.80. This trade represents a 26.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total transaction of $326,160.00. Following the completion of the transaction, the chief accounting officer owned 530 shares in the company, valued at approximately $480,180. This trade represents a 40.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,773 shares of company stock worth $87,642,635 in the last quarter. 0.33% of the stock is owned by corporate insiders.

Caterpillar Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off?highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.